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move in a couple of weeks to, i hope, the negotiations on the e.u. budget. .. in the last 12 months, we have come back to the market. can you tell us a little bit more about the structural economic reforms. particularly repairing the banking system, which i feel is the exemption of growth. >> yes, two years ago when the administration was elected, it actually lasted 250,000 jobs for the two years prior to that. reputation is in shreds around the world. our banks are dysfunctional. there is a complete sense of hopelessness and despair and disillusionment. now, gordon was elected with a very keen mind. we have a strategy and a plan that works. the banks are being recapitalize and restructured and have been back in the market as this program began in 2013. there are double-digit figures and our people have had to take really serious challenges. his government made really serious decisions or if it is an example of the government works and understands the patience of people, putting up with these changes in the greater picture of things. now, we expect to do better. but we cannot do without
department focused on energy diplomacy as well as new partnerships like the u.s. e.u. energy council we work intensively with the iraqis to support their energy sector because it is critical not only to their economy but their stability as well. we have significantly intensifiintensifi ed efforts to resolve energy disputes from the south china sea to the eastern mediterranean to keep the world's energy market stable. now this has been helped quite significantly by the increase in our own domestic production. it's no accident that is as the iranian oil has gone off-line because of our sanctions other sources have come on line so iran cannot in a fit from increased prices. then there is human rights and our support for democracy and the rule of law. levers of power and values we cannot afford to ignore. in the last century the united states where it led the world in recognizing universal rights exist and that governments are obligated to protect them. now we have placed ourselves at the frontline of today's emerging battle like the fight to defend the human rights of the lgbt communities aroun
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